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Hargreaves Lansdown HQ in Bristol

Hargreaves Lansdown accepts £5.4bn takeover bid

Details
09 August 2024
  • Hargreaves Lansdown
  • Offer
  • mergers
  • bid

After several delays, platform provider Hargreaves Lansdown (HL) has today accepted a £5.4bn consortium offer for the company.

Read more …

L-R: David Fort (Haines Watts), Rick Chana (Evelyn Partners),  Donna Bulmer (Haines Watts), Antony Sassen (Haines Watts), Tom Shave (Evelyn Partners), James Sutton (Haines Watts), Fiona Cresswell (Haines Watts) and Jonathan Scott (Haines Watts)

Evelyn to acquire 3 Northern offices from Haines Watts

Details
01 August 2024
  • mergers
  • Evelyn Partners
  • Haines Watts

Wealth manager and professional services provider Evelyn Partners is to acquire three offices and 150 staff from Northern accountancy firm Haines Watts.

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Redmayne Bentley website

Redmayne completes takeover of failed Blankstone

Details
18 July 2024
  • Liverpool
  • mergers
  • Redmayne Bentley
  • Blankstone Sington
  • admintration

Long-established wealth manager and stockbroker Redmayne Bentley has completed the acquisition of the client assets of failed Liverpool wealth manager and stockbroker Blankstone Sington. 

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L-R: David Baker and John Austin

Wren Sterling buys £200m AUM Kent Financial Planner

Details
17 July 2024
  • Wren Sterling
  • mergers
  • Howe Maxted Group

Fast growing national Financial Planning firm Wren Sterling has acquired the Financial Planning division of the Kent-based insurance broker and financial adviser the Howe Maxted Group.

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Fintel join CEO Neil Stevens

Fintel pays £14.6m in cash upfront for Threesixty  

Details
03 July 2024
  • Threesixty
  • mergers
  • Fintel
  • support services

Fintech and adviser support firm Fintel has completed the acquisition of support services firm Threesixty from Abrdn for £14.6m, the firm announced today.

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Tavistock brand

Tavistock confirms bid speculation

Details
28 June 2024
  • Tavistock Investments
  • mergers
  • speculation
  • bid
  • Tavistock Group

 

Financial Planner Tavistock has today confirmed that it is considering “a number of potential transactions” including a bid from Financial Planner Saltus for part of its business.

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STM website

STM profits tumble 72% amid prolonged takeover

Details
28 June 2024
  • takeover
  • profits
  • STM
  • mergers

Pensions group STM’s pre-tax profits fell 72% in 2023 as the takeover by Pension SuperFund Capital continues to rumble on.

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NatWest Birmingham branch

NatWest to buy Sainsbury’s Bank for £2.5bn

Details
20 June 2024
  • acquisition
  • Sainsbury's Bank
  • mergers
  • NatWest Group

NatWest Group plc has signed a deal today to acquire Sainsbury’s Bank’s retail banking assets and liabilities and its 1m customer accounts for £2.5bn.

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David Esfandi, CEO of CGWM UK

Canaccord Genuity snaps up £900m AUM Chartered Planner

Details
31 May 2024
  • Canaccord‎ Genuity
  • mergers
  • Cantab Asset Management

 

Canaccord Genuity Group, the Canadian-owned wealth manager expanding in the UK, is to acquire £900m AUM London and Cambridge Chartered Financial Planner Cantab Asset Management.

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HL HQ in Bristol

Hargreaves Lansdown rebuffs £5bn takeover bid

Details
23 May 2024
  • Hargreaves Lansdown
  • takeover
  • HL
  • private equity
  • mergers

Investment platform Hargreaves Lansdown (HL) has rejected a £5bn takeover bid from a private equity consortium.

Read more …

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